COMMENTARY
Small Caps Lag as the market Closes in the Red
For the third straight session stocks closed in the red and for the second day in three notch a day of distribution. Today’s distribution makes for 7 and should raise at least a yellow flag for the overall market in general. Aside from the distribution there were...
Stocks Kick Off 2014 with a day of Distribution
The market started with the New Year with selling for the first time since 2008. Last year we saw the market gap up more than 2% at the start of the day, but we weren’t able to repeat the same vigor. Volume jumped on the session as it normally does on the first day...
Stocks Close the Books on a Positive Note for 2013
What a year for the market and today’s session added a cherry on top. Given how last year began with a deal on the fiscal cliff today’s session was relatively quiet in comparison. Consumer confidence was up more than expected gave the bulls...
Dow inches out Gain, S&P 500 and NASDAQ pull back
The market continues to consolidate its recent gains as volume ticked higher than Friday’s session. Losses on the S&P 500 and NASDAQ weren’t big enough to trigger distribution, but both indexes have 6 days worth of distribution. TWTR continued to slide even as...
Big Wave Trading Portfolio Update And Top Current Holdings
I hope everyone had a lovely time during the holiday filled week. I know I ate way too much but overall it was worth it as it was a great time with friends and loved ones. The stock market indexes also had a nice time this week with our indexes continuing to add to...
S&P 500 Hits another All-Time High
The day after Christmas has been, historically a good day for the stock market and today’s move was no exception. Stocks climbed steadily after the first few hours of trading. Lead by the Dow Jones Industrial the entire market got a nice boost. Volume was higher on...
Christmas Shortened Session Brings on More Gains
The market was able to cough up another day of gains for all as the S&P 500 and Dow Jones Industrial average continue to post all-time highs. Over on the NASDAQ it continues to hit multi-year highs as it chases down its all-time highs set in...
AAPL Posts Strong Day, but overshadowed by TWTR
A nice start to the week with leading stocks continuing to show outperformance. The NASDAQ was the biggest gainer on the day with a huge boost by the move in AAPL. Small cap stocks came in a close second, but this Santa Claus rally appears to have legs heading into...
Big Wave Trading Portfolio Update And Top Current Holdings
The Big Wave Trading Portfolio is under a full BUY signal with zero pressure weighing on all of our models. The Russell 2000 model coming into this week was under a NEUTRAL condition but Wednesday's rally on heavy volume confirmed everywhere switched us back to BUY....
Stocks Pause after Massive Rally; Volume Falls across the Board
One day removed from the Dectaper the market held up relatively well digesting Wednesday’s solid move. It would have been ideal for the market to follow through with big gains today. However, we’ll take a low volume pull back as well. Leading stocks fared pretty...
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